Hmm, I am a couple years out of college and therefore fit the definition of "senior developer", so perhaps you are right, and I just haven't noticed the effects

Hmm, I am a couple years out of college and therefore fit the definition of "senior developer", so perhaps you are right, and I just haven't noticed the effects yet. But right now, things are really really good for developers who only have a couple years of experience. But perhaps that is going to change as all these junior devs become senior.